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Shift Happens

McKinsey’s latest research examines how automation and artificial intelligence will impact theworkforce of the futureand reveals the“urgency of putting in placelarge-scale retraining initiativesfor a majority of workers who will be affected by automation — initiatives that are sorely lacking today.”McKinsey’s findings also indicate there will be “an increase in the need for workers with finely tuned social and emotional skills — skills that machines are a long way from mastering.” Demand for tech skills and higher cognitive skills will also increase, and the gig economy will grow as freelancers and contractors take on more work. So how should organizations adapt to provide better retraining initiatives and prepare for the inevitable shift in the needs of the workforce?Creating a culture of lifelong learning and providing opportunities for continuous learning is the “change most needed for developing the workforce of the future” across most sectors. HR should also be prepared to evolve in response to the way technology will transform how organizations work. In addition to companies taking steps to equip the workforce of the future, the responsibility also falls to educational institutions, policy makers, associations and unions, and nonprofits and foundations to work together to provide better training for workers. Ultimately, “the watchword of the new era will beadaptability… Workers but also companies will need to be open and embrace new forms of working, new structures, and new approaches, in a world of work that will be changing rapidly.”